Financial Services -
Banks - Regional - NASDAQ - US
$ 25.26
0 %
$ 1.48 B
Market Cap
15.13
P/E
1. INTRINSIC VALUE
Balance Sheet
OceanFirst Financial Corp.
| Current Assets | 11.1 B |
| Cash & Short-Term Investments | 951 M |
| Receivables | 10.1 B |
| Other Current Assets | 0 |
| Non-Current Assets | 651 M |
| Long-Term Investments | 0 |
| PP&E | 115 M |
| Other Non-Current Assets | 536 M |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 1.2 B |
| Long-Term Debt | 1.2 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
OceanFirst Financial Corp.
| Revenue | 380 M |
| Cost Of Revenue | 25.1 M |
| Gross Profit | 355 M |
| Operating Expenses | 380 M |
| Operating Income | -20 K |
| Other Expenses | -100 M |
| Net Income | 100 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
OceanFirst Financial Corp.
| Net Income | 100 M |
| Depreciation & Amortization | 1.21 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | -67.4 M |
| Free Cash Flow | 51.8 M |
Wall Street Analysts Price Targets
OceanFirst Financial Corp.
OCFCP has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.21%
DIVIDEND YIELD
0.438 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
OceanFirst Financial Corp.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Dividend Challenger Highlights: Week Of July 26
A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends.
seekingalpha.com
- 4 years ago
OceanFirst Financial Corp. (OCFC) CEO Christopher Maher on Q2 2020 Results - Earnings Call Transcript
OceanFirst Financial Corp. (NASDAQ:OCFC) Q2 2020 Earnings Conference Call July 24, 2020, 11:00 AM ET Company Participants Jill Hewitt - SVP and IR Officer Christopher Maher - Chairman and CEO Joe Lebel - COO Grace Vallacchi - Chief Risk Officer Mike Fitzpatrick - CFO Conference Call Participants Frank Schiraldi - Piper Sandler Russell Gunther - D.A.
seekingalpha.com
- 4 years ago
OceanFirst Financial Corp. 2020 Q2 - Results - Earnings Call Presentation
The following slide deck was published by OceanFirst Financial Corp. in conjunction with their 2020 Q2 earnings call..
seekingalpha.com
- 4 years ago
Fixed-To-Floating Preferred Stocks And Units Complete Review
Fixed-to-floating preferred stocks and units sorted into groups. How does the yield curve look? What has changed in the past month?.
seekingalpha.com
- 4 years ago
8. Profile
Summary
OceanFirst Financial Corp. OCFCP
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 1.48 B
Dividend Yield
1.21%
Description
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing demand deposits, and time deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, wealth management, and trust and asset management services; and sells alternative investment products and life insurance products. As of December 31, 2021, it operated through its branch office in Toms River; administrative office located in Red Bank and Mount Laurel; 46 additional branch offices and four deposit production facilities located throughout central and southern New Jersey; and commercial loan production offices in New Jersey, New York City, the Philadelphia area, Baltimore, and Boston. The company was founded in 1902 and is based in Red Bank, New Jersey.
Contact
110 West Front Street, Red Bank, NJ, 07701
https://www.oceanfirst.com
IPO
Date
May 5, 2020
Employees
975
Officers
Mr. Steven J. Tsimbinos Esq.
Executive Vice President, General Counsel & Corporate Secretary
Mr. Joseph J. Lebel III
President, Chief Operating Officer & Director
Mr. David L. Berninger
Executive Vice President & CRO
Mr. Christopher D. Maher
Chairman & Chief Executive Officer
Ms. Michele B. Estep
EVice President and Chief Administrative Officer of OceanFirst Bank, N.A.
Mr. Patrick Chong
Senior Vice President, Corporate Controller & Principal Accounting Officer
Mr. Kevin Georgetti
Senior Vice President & Chief Compliance Officer
Mr. Patrick S. Barrett
Chief Financial Officer & Executive Vice President
Mr. Brian E. Schaeffer CISA, CISSP
Senior Vice President & Chief Information Officer of OceanFirst Bank, N.A.
Mr. Anthony Giordano III
Executive Vice President & Chief of Banking Operations